VEON LTD (VEON) Stock Technical Analysis
NASDAQ:VEON - Nasdaq - US91822M5022 - ADR - Currency: USD
Overall VEON gets a technical rating of 7 out of 10. In the last year, VEON was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, VEON did better than 95% of all other stocks. We also observe that the gains produced by VEON over the past year are nicely spread over this period.
VEON is part of the Wireless Telecommunication Services industry. There are 21 other stocks in this industry. VEON outperforms 75% of them.
VEON is currently trading in the upper part of its 52 week range. This is a good signal, certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
In the last month VEON has a been trading in the 37.63 - 46.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, VEON also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 46.00. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for VEON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
34.23
46.56
We found 4 important support areas.
- A support zone ranging from 40.09 to 40.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.71 to 38.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.99 from a horizontal line in the daily time frame.
- Support @34.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.00 to 46.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.8
Mansfield3.53
10 Day High45.45
10 Day Low37.63
20 Day High46.25
20 Day Low37.63
52 Week High48.39
52 Week Low23.19
Performance
1 Week6.09%
2 Weeks7.53%
1 Month-8.94%
3 Month-8.04%
6 Month33.67%
12 Month78.57%
2 Year110.67%
3 Year147.39%
5 Year-2.13%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.23
RSI(14)48.27
LBB36.93
UBB45.31
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.11 | 40.08 | 6.03 (13.08%) | 7.65% |
| An entry @46.11. This is a Buy Stop order right above the resistance zone. | An exit @40.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.03 points, which is 13.08%. | When investing 7.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:VEON (4/22/2025, 9:30:15 AM)
42.04
+0.2 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0.48%
1 Week6.09%
2 Weeks7.53%
1 Month-8.94%
3 Month-8.04%
6 Month33.67%
12 Month78.57%
2 Year110.67%
3 Year147.39%
5 Year-2.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.65
ATR(20)%5.08%
ATR Inc39.73%
Range Today0.04
ADR(20)2.04
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.8
Mansfield3.53
10 Day High45.45
10 Day Low37.63
20 Day High46.25
20 Day Low37.63
52 Week High48.39
52 Week Low23.19
CS1 End40.6
CR1 Start46
Volume & EV
DER(3)5.79%
DER(5)2.07%
Volume2.77K
Volume Incr-28.08%
Vol(5)88.22K
Vol(50)132.12K